Why is the Gold Standard so fucking autistic /biz/? It's almost inconceivable that we would base our currency on a commodity that so easily fluctuates based upon current supply of gold.
>>1518111
Its neither the supply nor the value of gold that fluctuated Mr. Einstein.
Digging gold from the ground does not suddenly get more and less expensive within a few months.
Now think hard about what actually fluctuates here.
>>1518205
I worded that poorly, what I meant was that the supply of gold never increases with our economy, which cause massive short term price swings.
The gold standard was created so that economies could be controlled by private hands. Basically, if you control the gold market or have a lot of gold, you control the economy.
The economy should not be privately held. It should be publicly held, and the gold standard was a sneaky way to Jew us into private control of the economy.
>>1518825
The federal reserve is also a private institution that's just granted special privellages by the government.
>>1518825
>Basically, if you control the gold market or have a lot of gold, you control the economy.
If I have a lot of money or assets, I can control the economy too shithead
Gold standard was a market supply of money. Centrally planned fiat allows mass inflation, sustained asset bubbles and government self dealing.
>>1518825
> public
>economy
Learn 2 capitalism comrade
>>1519235
I don't see anything wrong with an average of >1% inflation a year, especially when it has been proven that inflation helps us get out of recessions.
>Asset bubbles
Like?
>Government self dealing
I'm assuming you are talking about debt, in which case, you are fucking retarded, allowing the government to go into debt is a good thing.
Under any commodity standard there will always be massive price swings. If you advocate for that, you are actually retarded.